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US-DOLLAR

Economy is in a bubble waiting to BURST... BOOMPrice is currently sitting at a very strong resistance that has been hit a number of times before, price also broke our trend line and price is also nearing an all time high, with the state of the US economy at the moment we can only see a bounce and downside movement. The US is in the most debt it has ever been, stock prices are weak, unemployment is on the rise, and homeless numbers are also on the rise all these correlate with the growing crime numbers.... If you can take positivity from all this then you are very optimistic... or just very stupid ;p The economy is in trouble the only way out is to print more money and circulate it into the economy which will weaken the USD even more and cause it to crash, its in a bubble that is going to burst.. so prepare yourself for the worst.
SP:SPXShort
by ApexFX_Pro
EUR/USD forecast Last week was positive for USD due to few main fundamental factors. First of all, positive negotiations between US and China. Also Fed chair Powell expressed optimistic view on US economy. And finally GDP data were better than expected. But there is a trick. Do you know most of these forecasts are done by banks? – Well, now you know it for sure. If you monitor forecasts, you should notice how sometimes they change a few times before data (like GDP last week). Nothing mysterious about it – banks make better conditions for their positions. EUR/USD was consolidating and reached the 1.14200 range as per my previous EUR/USD analysis. At the beginning of this week I think we will see more choppiness before impulsive wave will start. My swing targets are still the same – 1.12300, 1.11600, 1.11200. This weekend I got many questions from my followers about gold. Guys, the dollar will continue its uptrend. So, expect the bearish trend in Gold. However, don’t jump into shorts right now. After the big drop last Friday Gold needs a pullback. So, watch 1305 – 1320 range for short signal. Anyway, I always keep my trading signals subscribers updated about all changes. Good luck and good trading!
by UnknownUnicorn1156963
DXY / U.S Dollar - Weekly OutlookHello traders, today we take a look @ the DXY We are nearing an important Monthly S/R level in which we can expect the next trend to take place for the U.S Dollar. A rejection and we can expect the DXY to target the Bottom of our Monthly Range. We will be looking for Bearish Engulfings via our Lower TFs. A solid High TF close above 97.25 and we can expect the U.S Dollar to rally to new highs of 105.00~ and test our Monthly S/R level Twitter - Signals - Telegram
TVC:DXY
by TDSniper
USD CHF support on STEROIDS, Bears had to many beers.0.99058 is a key level of support, you can se where price hit this support level ( marked by purple arrows ) now I'm sure not all of you are stupid enough to need an explanation.... but there are still a few tap water drinkers about :p Price broke this level in august and made a big rally to the downside but this pairing couldn't keep price down and like someone who has had too many beers and a greasy kebab it ended up throwing it back up. Price broke this support level 2 weeks ago and tried using it as resistance which worked for a day until price broke and started using it as support again. We personally think that this level is too strong and must be respected as support, so we can see a further move to the upside, but we will also be prepared for the event that price does break and sinks in the way of setting an order. The key to success in the market is good risk management and out smarting the market by preparing for any outcome, setting orders enables you to do both of these.
Long
by Apex_Gregg
EUR USD is about to EXPLODE.... Call the bomb squad1.14106 area has been used as resistance ( purple arrows ) and more recently as support ( blue arrows ) which price is currently at, mix this with the trendline ( blue line ) that price has been respecting, we can see a descending triangle forming, This is price been squeezed and when this happens we normally see an explosive move to the upside. So either today or early tomorrow we should see a big move, so we will be placing some orders ready to catch this move to the upside if it happens, if it doesn't go to plan then we haven't lost anything, but if it does then we will be laughing all the way to the bank snacking on pips as we go :p
Long
by Apex_Gregg
Going Balls Deep13.46895 is a key resistance level that will be respected, and with the 2 added trendlines ( purple arrows are where price has previously touched and respected these lines ) we can see no other direction other than down with this pairing, so we are in a sell position at the moment but we have a tight SL just above our resistance level just incase resistance is broken. Sometimes with such a strong setup you have to say f#ck it and risk that tiny bit more.... Go BALLS DEEP ;p And yes we do expect you to take us for a drink if you take this trade haha.
Short
by Apex_Gregg
3
EUR/USD forecastNext week is important for USD, but at the same time it can be tricky. Due to the absence of economic reports recent weeks, it’s difficult to make forecasts on Non farm payrolls and Fed statement. So, all of you have to be careful and read these events between the lines. Technically EUR/USD is moving nicely as per my previous analysis. We are approaching re-short level. This time I will consider partial profit booking near 1.12900 (recent support). All swing targets are intact – 1.12000 and 1.11200. However, I can consider reviewing my forecast and targets based on Fed statement.
Short
by UnknownUnicorn1156963
1
EUR USD bears continueBears are strong with this pairing, we can see further downside movement as far as 1.13075 support level, price bounced off key resistance at 1.14039 and is ready to sink. We could see some support at 1.13470 that has been used as support and resistance before, but this should only be a slight pullback which will provide good opportunities to add sell positions. Remember only use our analysis if it lines up with your own analysis, and always use correct risk management.
Short
by Apex_Gregg
EUR/USD forecastLet’s talk a bit about USD. December job report has been strong with the US economy adding the most jobs since February. However, an increase in average hourly earnings won’t be enough to keep the dollar strong this year. Yes, over the short-term, we will see a rally in USD, but over a long-term dollar will dive. We expect 2 rate hikes this year. In recent speech Powell said all need to be prepared for flexible policy. This message brought worries into the markets. I don’t think investors trust much Powell and Fed. And should they? Greatest periods of economic growth were till Fed was established. What happened after? – Well, 10 recessions, few bubbles, Great Depression… Thomas Edison and Henry Ford warned us about this useless and dangerous system. I am not a Fed hater and I don’t think Fed as institution is a problem. Most important is how it’s managed, its policy and how transparent it is. Fed is trying to do all to keep you (and your money) away from gold and other markets. All they want is to sell their debt notes. Yes, Fed is a huge debt machine. The result will be terrible. I believe the debt bubble will be reason of the next financial crisis. I know many people trade crypto. But I don’t think it has a future. Central banks could make electronic central bank money many years ago. But they didn’t, because they don’t need it. There is no place for crypto in the central banks system. Sooner or later blockchain will be killed, as it happened with Esperanto. To be honest crypto is the 21 century version of tulipomania – don’t spend your money and time on it. Trade and invest into real assets ans it’s derivatives. A few weeks before the finicial crisis Bernanke kept repeating how strong is US economy and no drop of real estate prices will happen, having clear understanding world economy was in danger. What did they do to prevent it? – Nothing. Were they so stupid to fail? – No, they just didn’t care. $ 6 trillions were given out to support banks. Isn’t that funny? – Banks created 2008 crisis playing Mortgage CDO. Always, taxpayers pay for the crisis, not banks or Fed. Think about it, maybe Henry Ford was right and we have to change the system? But let’s come back to making money and see EUR/USD chart. Based on Fibo levels, I expect 1.1425 should be tested So, watch this range and go short if it gets rejected with same sl above daily resistance. Wave 3 should send this pair to 1.11650 and final wave to our target 1.11200. This range should be reversal point and big buying opportunity for long term traders.
by UnknownUnicorn1156963